Funding you earn now, next payment 12:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.32 per $10,000 · paid last 24h +0.194%
Price spread now: Phemex against edgeX+0.033%78s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$770.768% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.033%, 7d avg +0.005%
=Together, before fees−0.009%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phemex is 0.028% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.005%. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX TSLAUSDC | 376.68 | −0.0063 | get 0.0032% / 4h | 2h 15m | $396K | $1.1M | 10x |
| Short | Phemex TSLAUSDT | 376.80 | 0 | get 0.0000% / 4h | 2h 15m | $1.1M | $14K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $13.31
- Price spread: +0.033% → +0.005%
- $2.83
- Slippage, 4 orders
- −$55.8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$60.66
- Costs to cover
- 0.768%
- Break-even
- 38.9 days
Slippage from edgeX: live order book, 1 min ago; Phemex: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 1 min ago | 4.25 bp | 9.0 bp −$9 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 1.86 bp | 29.7 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
TSLA on 36 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX TSLAUSDClong | −0.0063% | 4h | 376.68 | long leg | $396K | $1.1M | 10x | |
| Hotstuff TSLA-PERP | −0.0032% | 1h | 376.47 | −0.054% | $34K | — | 20x | as long as short |
| Bybit TSLAUSDT | 0.0000% | 8h | 376.88 | +0.054% | $10.1M | $14.0M | 100x | as long as short |
| OKX TSLA-USDT-SWAP | 0.0000% | 8h | 376.85 | +0.046% | $11.3M | $15.4M | 25x | as long as short |
| Gate TSLA_USDT | 0.0000% | 8h | 376.90 | +0.060% | $2.3M | $3.2M | 100x | as long as short |
| Bitget TSLAUSDT | 0.0000% | 8h | 376.80 | +0.033% | $17.2M | $23.7M | 100x | as long as short |
| StandX TSLA-USD | 0.0000% | 1h | 376.55 | −0.033% | $200K | $958K | 20x | as long as short |
| Deribit TSLA_USDC-PERPETUAL | 0.0000% | 1h | 376.54 | −0.036% | $18K | $191K | 10x | as long as short |
| Phemex TSLAUSDTshort | 0.0000% | 4h | 376.80 | +0.033% | $1.1M | $14K | 10x | |
| Aftermath Perps TSLAUSD | +0.0023% | 1h | 376.57 | −0.028% | $38K | $36K | 10x | as long as short |
Show all 36 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH TSLA | +0.0032% | 1h | 376.72 | +0.012% | $1.2M | $2.5M | 20x | as long as short |
| Arcus TSLA-USD | +0.0040% | 1h | 376.59 | −0.023% | $132K | $85K | 10x | as long as short |
| Vest TSLA-USD-PERP | +0.0046% | 1h | 376.66 | −0.004% | — | $126K | 25x | as long as short |
| tradeXYZ xyz:TSLA | +0.0050% | 1h | 376.53 | −0.039% | $44.7M | $14.8M | 20x | as long as short |
| Polymarket Perps TSLA-USD | +0.0050% | 1h | 376.55 | −0.033% | $300K | $144K | 10x | as long as short |
| SoDEX TSLA-USD | +0.0050% | 1h | 376.72 | +0.012% | $4K | $3K | 10x | as long as short |
| Ondo Perps TSLA-USD.P | +0.0050% | 1h | 376.45 | −0.060% | $1.5M | $1.1M | 10x | as long as short |
| QFEX TSLA-USD | +0.0053% | 1h | 376.71 | +0.009% | $1.3M | $6.2M | 10x | as long as short |
| Lighter TSLA | +0.0096% | 1h | 376.74 | +0.017% | $805K | $3.7M | 20x | as long as short |
| Pacifica TSLA | +0.0100% | 1h | 376.43 | −0.065% | $390K | $36K | 10x | as long as short |
| KuCoin TSLAUSDTM | +0.0100% | 8h | 376.48 | −0.052% | $1.4M | $3.3M | 20x | as long as short |
| ApeX Omni TSLAUSDT | +0.0100% | 1h | 376.51 | −0.044% | $4K | $61K | 50x | as long as short |
| Orderly PERP_TSLA_USDC | +0.0100% | 8h | 376.55 | −0.033% | $41K | $25K | 20x | as long as short |
| Aevo TSLA-PERP | +0.0104% | 1h | 376.80 | +0.032% | $746 | — | 10x | as long as short |
| Coinbase International TSLA-PERP-INTX | +0.0120% | 1h | 376.58 | −0.025% | $517K | $387K | 10x | as long as short |
| Aster TSLAUSDT | +0.0142% | 8h | 376.81 | +0.036% | $575K | $190K | 50x | as long as short |
| RISEx TSLA/USDC | +0.0175% | 1h | 376.82 | +0.038% | $226K | $656K | 20x | as long as short |
| Variational Omni TSLA | +0.0179% | 8h | 376.75 | +0.021% | $1.7M | $1.5M | — | as long as short |
| Binance TSLAUSDT | +0.0199% | 8h | 376.85 | +0.045% | $47.2M | $115.0M | 25x | as long as short |
| Extended TSLA_24_5-USD | +0.0200% | 1h | 376.72 | +0.013% | $484K | $2.7M | 10x | as long as short |
| Bullet TSLA-USD | +0.0203% | 1h | 376.84 | +0.044% | $6K | $94K | 10x | as long as short |
| BloFin TSLA-USDT | +0.0215% | 8h | 376.80 | +0.033% | $584K | $367K | 20x | as long as short |
| Injective TSLA/USDC PERP | +0.0220% | 1h | 377.30 | +0.166% | $76K | $39K | 30x | as long as short |
| Nado TSLA-PERP | +0.0233% | 1h | 376.52 | −0.041% | $499K | $99K | 20x | as long as short |
| Phoenix TSLA | +0.0297% | 1h | 376.78 | +0.028% | $1.3M | $502K | 20x | as long as short |
| GRVT TSLA_USDT_Perp | +0.0682% | 8h | 376.83 | +0.041% | $849K | $2.9M | 10x | as long as short |
edgeX TSLAUSDC
Phemex TSLAUSDT
Bybit TSLAUSDT
OKX TSLA-USDT-SWAP
Gate TSLA_USDT
Bitget TSLAUSDT
StandX TSLA-USD
Deribit TSLA_USDC-PERPETUAL
Aftermath Perps TSLAUSD
Lighter RH TSLA
tradeXYZ xyz:TSLA
Polymarket Perps TSLA-USD
SoDEX TSLA-USD
Lighter TSLA
Pacifica TSLA
KuCoin TSLAUSDTM
ApeX Omni TSLAUSDT
Coinbase International TSLA-PERP-INTX
Aster TSLAUSDT
RISEx TSLA/USDC
Variational Omni TSLA
Binance TSLAUSDT
Extended TSLA_24_5-USD
Bullet TSLA-USD
BloFin TSLA-USDT
Injective TSLA/USDC PERP
Phoenix TSLA
GRVT TSLA_USDT_Perp